Values

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Discussion

Skyedriver

Original Poster:

18,831 posts

289 months

Monday 7th July 2014
quotequote all
OK just a bit of a weak rant really but, I've had my old Clubman up for sale on various web sites with little success, the best offers only in the £2ks, yet watching programmes like "For the love of cars" an old, battered, non running Cooper (not an S) is sold for £7k.
I accept the Clubman isn't perfect, it's been patched, but it has a full MoT. I've spent around £5k on it with uprates suspension, brakes, engine, gearbox etc but I guess it's a Clubman which isn't everyones cup of tea.
Rant over.
I'm hardly using it, hence the decision to sell but not at £2400. I think I'll just find somewhere to park it up, maybe it'll eventually be worth what I think it's worth now or maybe it won't.

annodomini2

6,907 posts

258 months

Monday 7th July 2014
quotequote all
You generally never make your money back on a restoration.

A '64 Mk1 Cooper is a different kettle of fish to a '70s Clubman.

An original good order Mk1 S can fetch north of £50k.

A Mk1 pickup even more.

It's supply and demand.

At the end of the day, it's worth what the person in front of you, who is willing to buy it, is willing to pay.

If you don't wish to sell it for that price, then it's never going to sell, unless you find the right buyer.

Skyedriver

Original Poster:

18,831 posts

289 months

Monday 7th July 2014
quotequote all
Oh, I know, just wanted to have Monday morning rant.
Felt better after it!
T

Cooperman

4,428 posts

257 months

Tuesday 8th July 2014
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I wonder what my 1964 Mk.1 Cooper 'S' 1310 cc Historic Rally Car with a history of 32 historic rallies and 5 outright wins is worth these days. Maybe it is under-insured at £25k.
What do others think?


Skyedriver

Original Poster:

18,831 posts

289 months

Tuesday 8th July 2014
quotequote all
Cooperman said:
I wonder what my 1964 Mk.1 Cooper 'S' 1310 cc Historic Rally Car with a history of 32 historic rallies and 5 outright wins is worth these days. Maybe it is under-insured at £25k.
What do others think?

Cannot be worth more than £2450 as it's older than my clubby, smaller engine, done more car damaging events and its not orange.
And on that subject, cannot decide whether to just talk the in laws into letting me put it back where I found it in their garage, or wasting more money on it.

Pit Pony

9,224 posts

128 months

Tuesday 8th July 2014
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When I was trying to buy a nice standard ish mini, and not too fussy about exact spec, but nothing too modded, it was a real pain to find anything that didn't have loads of expensive extra's that the owner wanted some of his investment back. My budget didn't stretch to much more than £2K, and eventually I found a solid, badly painted mayfair for £1800, with the only upgrade being some 12 inch alloys. Having owned it for a year, it was dead easy to sell at the same price, to a 17 year old.

My point ? You need to understand your market.

Eddie Baby

35 posts

195 months

Thursday 10th July 2014
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annodomini2 said:

An original good order Mk1 S can fetch north of £50k.

A Mk1 pickup even more.
With respect, that's not something I've seen any evidence for. You're about £20-25K too high and probably in ex works rally car territory there!

annodomini2

6,907 posts

258 months

Thursday 10th July 2014
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Eddie Baby said:
annodomini2 said:

An original good order Mk1 S can fetch north of £50k.

A Mk1 pickup even more.
With respect, that's not something I've seen any evidence for. You're about £20-25K too high and probably in ex works rally car territory there!
Key part is original, as in not restored, but still in good condition.

As you can imagine a good condition unrestored 50 year old mini is a very rare thing.

mini1380cc

2,947 posts

178 months

Friday 11th July 2014
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Eddie Baby said:
annodomini2 said:

An original good order Mk1 S can fetch north of £50k.

A Mk1 pickup even more.
With respect, that's not something I've seen any evidence for. You're about £20-25K too high and probably in ex works rally car territory there!
I've personally witnessed a mk1 Californian import change hands for £30k+ and that was with it needing cosmetic work.

Cooperman

4,428 posts

257 months

Friday 11th July 2014
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There is an ex-works Cooper 'S', EBL56C, for sale at present. Asking price is £150,000. How does that grab you?

Skyedriver

Original Poster:

18,831 posts

289 months

Friday 11th July 2014
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There's a big difference in "asking price" and "selling price" Peter, as my advert will confirm...
Or in the case of that particular car (and the Mk 2 Escort in another PH forum), could it be a fool and his money...